CAC 40 Dips On Growth Concerns

RTTNews | hace 1040
CAC 40 Dips On Growth Concerns

(RTTNews) - French stocks were moving lower on Thursday, with a lack of information on China's COVID outbreak and fears of a global recession weighing on sentiment.

Experts have expressed deep concerns that China may not be sharing data on any signs of evolving strains that could spark fresh outbreaks in countries around the world.

After Beijing announced plans to reopen its borders, Italy, Japan, Taiwan, India and the United States have announced mandatory tests on visitors from China.

Investors also fretted about the impact of the Fed's monetary tightening on global growth heading into 2023.

The benchmark CAC 40 was down 15 points, or 0.2 percent, at 6,492 after losing 0.6 percent the previous day.

China-exposed luxury firms such as LVMH and Kering were moving lower as uncertainties mount over China.

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Little Movement Seen For Malaysia Stock Market

Little Movement Seen For Malaysia Stock Market

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RTTNews | hace 1h 21min
Rally May Stall For Japan Stock Market

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RTTNews | hace 1h 28min
KOSPI Due For Profit Taking On Tuesday

KOSPI Due For Profit Taking On Tuesday

The South Korea stock market has tracked higher in four straight sessions, advancing almost 215 points or 5.3 percent in that span. Now at another fresh record closing high, the KOSPI sits just above the 4,220-point plateau although investors may lock in gains on Tuesday.
RTTNews | hace 1h 31min
Australia Rate Decision On Tap For Tuesday

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RTTNews | hace 2h 21min
Swiss Market Pares Early Gains, Settles Flat

Swiss Market Pares Early Gains, Settles Flat

Save for a brief while during the closing minutes, Switzerland's SMI index stayed positive on Monday, but still ended the session with just a slender gain as several stocks pared early gains due to a lack of support at higher levels.
RTTNews | hace 6h 38min